Common use of Certain References and Obligations Clause in Contracts

Certain References and Obligations. Notwithstanding ---------------------------------- any provision to the contrary contained herein: (a) the phrase "the assumption by the Charterer of the obligations of the Owner Trustee hereunder in accordance with the terms and conditions applicable thereto specified in Section 3.04, including, without limitation, in Sections 9.01(e) and 9.02(d), and the phrases "the succession of a new Owner Trustee in accordance with the Trust Agreement or" and "thereunder or" in each of Sections 9.01(f) and 9.02(d) (iv) shall after the Relevant Date be deemed to be deleted; (b) the reference to the Charterer in each of Sections 9.01(c), 9.02(d)(iii) and 9.06 shall after the Relevant Date be deemed to be deleted; and Sections 9.01, 9.03, 9.05 and 9.06 shall be deemed amended to provide that any reference to, or right or obligation of the Owner Trustee contained in such Sections shall after the Relevant Date be deemed to be a reference to, or right or obligation of MTFC; and (c) all provisions requiring delivery of documents to the Owner Participant in Section 9.06 shall be deemed to be deleted.

Certain References and Obligations. Notwithstanding ---------------------------------- any provision to the contrary contained herein: (a) the phrase "the assumption by the Charterer Lessee of the obligations of the Owner Trustee hereunder in accordance with the terms and conditions applicable thereto specified in Section 3.04, including, without limitation, in Sections 9.01(e) and 9.02(d), and the phrases "the succession of a new Owner Trustee in accordance with the Trust Agreement or" and "thereunder or" in each of Sections 9.01(f) and 9.02(d) (iv) shall after the Relevant Date be deemed to be deleted; (b) the reference to the Charterer Lessee in each of Sections 9.01(c), 9.02(d)(iii) and 9.06 shall after the Relevant Date be deemed to be deleted; and Sections 9.01, 9.03, 9.05 and 9.06 shall be deemed amended to provide that any reference to, or right or obligation of the Owner Trustee contained in such Sections shall after the Relevant Date be deemed to be a reference to, or right or obligation of MTFCMCFT; and (c) all provisions requiring delivery of documents to the Owner Participant in Section 9.06 shall be deemed to be deleted.